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NEW YORK -- What if Genentech(DNA Quote) develops the Avastin of Alzheimer's disease?
That would be pretty cool, no doubt. It also would propel the biotech giant into another dimension of growth and profitability.
To me, this was the most intriguing headline coming out of Genentech's investor meeting Friday. Building on the successful development of blockbuster cancer drugs like Avastin and Rituxan, CEO Art Levinson announced the company's intention to plant its drug research flag into two new therapeutic realms: neuroscience and infectious diseases. ...
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